Buyer Asks: What are the auction fees, and are there additional costs, such as buyer’s premium or taxes?

Thank you for your question!

Transparency is important to us, and we want to ensure you have a clear understanding of the costs involved. As with most auctions, a buyer’s premium is applied to the final price of the boat.

For BASCO Boating Online Boat Auction, this premium is 4.00% of the final hammer price.

Additionally, depending on your location, there may be applicable taxes or duties, which vary based on local regulations. It’s always a good idea to check these details beforehand to account for the total cost of the purchase.